3500 Blk of Haverford Ave Philadelphia, PA 19104
Description
- 3500 Blk of Haverford Ave Philadelphia, PA 19104Asking Price is $1,800,000 + 3% Buyer feeTurn key Investment opportunity in University City!
20′ wide corner multi-unit new construction property.
6 residential rental units and one commercial.
Each bedroom in every unit has its own bathroom. It is the perfect setup for a college rental. The first floor has a large commercial space that is ready to be built. (Previous use at the location was approved for hot food and take out) All residential units are rented, and the commercial unit is vacant – projected rent is $2000/mo
Current annual income $126,000 Projected income with the commercial space is $150,000 Expenses: Insurance $1784; Fire Ins $800; Alarm Monitor $700; Water: $1200; Management fee; Misc $6300 Total: $10,784 Projected Cap Rate 7.7% ( with commercial rent)Building Details:
6080 sq ft
Built 2021
Zoned CMX-2
10-year tax abetmentShowings to serious buyers ONLY with POF provided.
The buyer is responsible for any certifications, including U&O.
AS-IS Sale Cash or Hard Money Offers
This is an assignment of the contract.
Review photos and videos before scheduling.
Address
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Country United States
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City/Town DMV
Overview
- Property ID 9132
- Price $1,800,000
- Property Type Apartments Buildings
- Property status Off-Market / For Sale
- Bedrooms 2
- Bathrooms 1
- Year Built 2017
- Size 6,108 SqFt
- Label SOLD
Contact
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